Gov't to ease regulations on sale of health functional foods, create global plant fund for builders to expand overseas
- 5 years ago
홍남기 "건강기능식품, 대형마트•백화점 자유판매 허용" "글로벌 플랜트 펀드 3조원 조성…400억 달러 해외수주 효과”
South Korea's Finance Minister has announced several measures to help boost the struggling economy, ranging from health foods to nuclear power.
First of all, big supermarkets and department stores will be permitted to sell so-called "health functional foods" -- like supplements that come in pill form.
Hong was speaking Wednesday at a meeting of economy-related ministers.
He also said the government will help develop the country's nuclear-decommissioning industry... and win contracts to safely shut down nuclear facilities around the world.
The trade ministry says it will leverage Korea's know-how and technology from its own nuclear phase-out process and win 10 percent of the decommissioning market by 2035.
It's an industry estimated to be worth almost half a trillion dollars.
Construction companies will get help with their exports too.
The government will create a fund worth 2-point-6 billion dollars... to help them win orders overseas.
South Korea's Finance Minister has announced several measures to help boost the struggling economy, ranging from health foods to nuclear power.
First of all, big supermarkets and department stores will be permitted to sell so-called "health functional foods" -- like supplements that come in pill form.
Hong was speaking Wednesday at a meeting of economy-related ministers.
He also said the government will help develop the country's nuclear-decommissioning industry... and win contracts to safely shut down nuclear facilities around the world.
The trade ministry says it will leverage Korea's know-how and technology from its own nuclear phase-out process and win 10 percent of the decommissioning market by 2035.
It's an industry estimated to be worth almost half a trillion dollars.
Construction companies will get help with their exports too.
The government will create a fund worth 2-point-6 billion dollars... to help them win orders overseas.